Real Estate and Events in Katy TX and Surrounding Communities

Posts tagged ‘Housing Market’

Real Estate Market Conditions – Video Update 01/23/2012

See the Home Inspections section for information on hardwood floors and more…

Real Estate Market Conditions Video Update 01/23/2012

NATIONAL NEWS
     Real Estate Outlook:  Housing at the Forefront of Concern
     City Report:  Beige Book
     Relying on an Agent
     Sell Your Home with Pictures
     Real Estate Outlook:  More Markets Show Measureable Improvement
MORTGAGE ADVICE
     Mortgage Moment
Q&A
     Home Inspections
     Buyers: Making the Right Choice
     Ready to Buy?
     How to Sidestep the Spread of Mortgage Fraud
     The Joys of Home Ownership
GET YOUR HOME SOLD!
     Why Show / Why Buy Webcast

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Real Estate Market Conditions – Video Update – 01/16/2012

See the 10 tips for sellers in the Mortgage Advice section.  

Real Estate Market Conditions Video Update 01/16/2012

NATIONAL NEWS
     Real Estate Outlook:  More Markets Show Measurable Improvement
     City Report:  Forbearance
     Green Living:  Tips for the New Year

     Real Estate Outlook:  Mortgage Applications Down
     City Report:  Remodeling Pays
MORTGAGE ADVICE
    Mortgage Moment
    10 Tips for Sellers
Q&A
     Home Inspections
     Buyers: Making the Right Choice
     Ready to Buy?
     How to Sidestep the Spread of Mortgage Fraud
     The Joys of Home Ownership
GET YOUR HOME SOLD!
     Why Show / Why Buy Webcast

One Minute Housing Market Update

Check out this month’s local markets and trends update.  Try out the neighborhood reports.

 

One Minute Housing Market Update

 

 

 

 

HAR MLS Market Update: HOUSTON-AREA HOME SALES RISE FOR A FOURTH STRAIGHT MONTH

 

Average and median prices reach September highs; market on “strong footing”

 

HOUSTON — (October 18, 2011) — Houston temperatures finally cooled a bit in September, but home sales remained hot. Sales of single-family homes climbed nearly 17 percent when compared to one year earlier and accounted for the fourth consecutive month of increased sales volume. The prices of those homes achieved all-time highs for a September in Houston. In addition, months inventory fell to the lowest level since May 2010 while pending sales rose and active listings declined. All are considered signs of a healthy and balanced housing market as the fall season gets underway.

Continue:  HOUSTON-AREA HOME SALES RISE FOR A FOURTH STRAIGHT MONTH

10 First-Time Homebuyer Mistakes – MSN Money

 This is good advice for the first-time homebuyer, and it is a good review for seasoned buyers.

“A house is probably the biggest purchase you’ll ever make. And, if you can avoid these missteps, chances are you’ll be happy with the home you choose. Are you gearing up to buy your first place? Shopping for a home is exciting, exhausting and a little scary, especially in this market. In the end, your aim is to end up with a home you love at a price you can afford. Sounds simple enough, right? Unfortunately, many people make mistakes that prevent them from achieving that simple dream. Arm yourself with these tips to get the most out of your purchase and avoid making 10 of the most costly mistakes that could put a hold on that sold sign.

1. Not knowing what you can afford.

We learned from the subprime mortgage mess, what the bank says you can afford and what you know you can afford or are comfortable with paying are not necessarily the same. .”

via HOUSTON – KATY AREA REAL ESTATE BLOG.

HOUSTON HOME SALES RISE AGAIN IN JULY

 MLS Press Release: “HOUSTON HOME SALES RISE AGAIN IN JULY

The second consecutive monthly increase is still attributed to slower than usual home sales in 2010 following expiration of the tax credit HOUSTON — August 16, 2011 — What do you get when you compare seasonal summer home buying in a single month to the same month a year earlier shortly after a home buyer tax credit expired? If its July 2011 in Houston, Texas, its a nearly 17 percent increase in home sales. Last years third quarter slowdown in home sales continues to make this years generally typical real estate activity appear slightly more positive than it otherwise would be considered. July marked the third time in 2011 that sales volume entered positive territory. It also saw the average price of a single-family home reach its highest level for a July in Houston.”

via HOUSTON – KATY AREA REAL ESTATE BLOG.

Houston Home Prices Reach a Record High in June

Houston Home Prices Reach a Record High in June  – Home sales increase for the second time this year

HOUSTON — (July 19, 2011) — Houston home sales rose for the second time this year in June, with the average price reaching an all-time high and the median price achieving the highest level in nearly two years. The sales increase reflects the slowdown in home purchases that set in a year ago following expiration of the home buyer tax credit. The credit triggered a surge in home buying during the spring of 2010 that resulted in slower sales volume during the remainder of that year.

According to the latest monthly data compiled by the Houston Association of REALTORS® (HAR), June sales of single-family homes edged up 0.6 percent versus one year earlier. That represents the first increase since January when sales volume rose 8.4 percent. The under-$80,000 segment of the market as well as homes priced from $250,000 and above experienced increased sales while the popular middle range, consisting of homes priced between $80,000 and $250,000, saw declines. Compared to June of 2009, a year with no unusual market factors such as Hurricane Ike in 2008 and the 2010 tax credit, single-family home sales were up 2.7 percent.

Continue:  via Katy Real Estate and Events Blog.

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